DVOL vs. IWLG ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) to IQ MacKay Municipal Insured ETF (IWLG)
DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

DVOL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Low Volatility Index (the "index"). Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index is a rules-based equity index designed to track the overall performance of the 50 stocks comprising the NASDAQ US Large Mid Index that exhibit the lowest levels of volatility while still maintaining high levels of "relative strength." The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.42

Average Daily Volume

2,954

Number of Holdings *

48

* may have additional holdings in another (foreign) market
IWLG

IQ MacKay Municipal Insured ETF

IWLG Description IQ MacKay Municipal Insured ETF seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$41.78

Average Daily Volume

4,726

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period DVOL IWLG
30 Days 4.05% 2.96%
60 Days 2.17% 3.39%
90 Days 6.12% 4.54%
12 Months 19.96% 46.74%
6 Overlapping Holdings
Symbol Grade Weight in DVOL Weight in IWLG Overlap
AME D 2.69% 0.97% 0.97%
COST B 2.62% 0.94% 0.94%
HLT C 1.7% 1.06% 1.06%
MA D 2.73% 1.52% 1.52%
ORLY D 1.72% 1.79% 1.72%
V C 3.11% 1.59% 1.59%
DVOL Overweight 42 Positions Relative to IWLG
Symbol Grade Weight
RSG D 3.31%
WMT A 3.06%
MMC A 3.06%
TJX B 2.97%
APH B 2.93%
MSI A 2.76%
AJG A 2.73%
JPM B 2.73%
CW B 2.71%
OTIS C 2.68%
ORI A 2.67%
WAB B 2.6%
NDSN C 2.58%
ITW D 2.53%
TRV D 2.5%
CTAS B 2.2%
MCK B 2.03%
IBM D 1.99%
DRI F 1.96%
FAST D 1.78%
AFL B 1.72%
PTC C 1.71%
RGA A 1.54%
PRI D 1.49%
GRMN A 1.43%
AIG C 1.43%
CHE F 1.42%
CAH F 1.37%
REGN C 1.37%
TDG C 1.36%
PCAR D 1.31%
KR D 1.21%
HWM A 1.18%
CPRT D 1.11%
VMC D 1.11%
GWW D 1.11%
ENSG D 1.1%
WELL A 1.09%
AOS D 1.03%
HCA C 1.02%
OKE A 1.0%
PKG C 0.9%
DVOL Underweight 38 Positions Relative to IWLG
Symbol Grade Weight
MSFT C -11.71%
AMZN C -8.62%
NVDA B -7.64%
META D -5.01%
AAPL B -4.3%
AVGO B -3.13%
GOOG A -2.94%
GOOGL A -2.88%
CRM D -2.72%
ISRG B -2.68%
ADBE F -2.67%
UNH C -2.45%
NOW C -2.15%
NFLX B -1.96%
CMG C -1.9%
LRCX C -1.88%
EW C -1.78%
LLY B -1.63%
PH D -1.62%
TT C -1.6%
UBER D -1.55%
KKR B -1.54%
BKNG B -1.54%
INTU B -1.53%
ASML D -1.34%
MCD D -1.29%
WDAY D -1.19%
BSX A -1.12%
ABT F -1.07%
LIN D -1.06%
SNPS C -1.05%
IDXX C -1.03%
GE C -1.0%
MSCI F -0.94%
ACN F -0.86%
TEAM F -0.84%
AMD D -0.63%
TSLA D -0.5%
Compare ETFs